Toffee Insurance, has tied up with Eko, a digital lending platform, to distribute its ‘Salary Protect Plan’ (Kamai Bachao Yojana) through the latter’s nearly one lakh touch points.
This plan is a product that protects a daily wage earner from loss of income in case of hospitalisation.
It has been constructed out of the traditional hospital cash product as an income-replacement plan for daily wage earners, Rohan Kumar, CEO and co-founder of Toffee Insurance, told. “This is a product that has been created for developing the gig economy in India. It has been created initially for Eko channel only and the customers they serve. In due course, we will add more channel partners, including organised retailers, and pharmacists,” said Kumar.